PAX Financial Group LLC Cuts Holdings in Vanguard FTSE Emerging Markets ETF $VWO

PAX Financial Group LLC lowered its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 78.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,911 shares of the exchange traded fund’s stock after selling 44,141 shares during the quarter. PAX Financial Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VWO. Motiv8 Investments LLC raised its position in Vanguard FTSE Emerging Markets ETF by 1.4% in the 4th quarter. Motiv8 Investments LLC now owns 13,024 shares of the exchange traded fund’s stock worth $700,000 after buying an additional 174 shares during the last quarter. Jaffetilchin Investment Partners LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 11,406 shares of the exchange traded fund’s stock valued at $613,000 after acquiring an additional 178 shares during the last quarter. Veery Capital LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.0% in the fourth quarter. Veery Capital LLC now owns 18,568 shares of the exchange traded fund’s stock worth $998,000 after acquiring an additional 179 shares during the period. Berger Financial Group Inc grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.5% in the fourth quarter. Berger Financial Group Inc now owns 39,098 shares of the exchange traded fund’s stock worth $2,102,000 after acquiring an additional 181 shares during the period. Finally, Ameriflex Group Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 13.2% in the fourth quarter. Ameriflex Group Inc. now owns 1,573 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 183 shares during the period. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $59.04 on Friday. The stock has a market capitalization of $120.37 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. The firm has a 50 day moving average price of $59.42 and a 200-day moving average price of $57.05. Vanguard FTSE Emerging Markets ETF has a twelve month low of $49.36 and a twelve month high of $61.51.

About Vanguard FTSE Emerging Markets ETF

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.